Sberbank Europe AG is a banking group 100%-owned by Sberbank Russia, the largest Russian banking group. In 2012 Sberbank Russia acquired international banking division of Volksbank (Austria) and rebranded it to Sberbank Europe. Sberbank Europe operates as a universal bank, focusing on retail and corporate banking products and services. Sberbank (Switzerland) AG operates as a subsidiary of Sberbank Europe AG.
|Total Assets (2015)|
|985.02 mln CHF (+42.52%)|
|Assets Under Management (2015)|
In 2015 total assets of Sberbank (Switzerland) AG were 985.02 mln CHF. Growth compared to the previous period (2014) was 42.52%. The evolution of the total assets of Sberbank (Switzerland) AG is shown at Chart 1 below.
In 2015 assets under management of Sberbank (Switzerland) AG were 0.00 CHF. The value didn't change compared to the previous period (2014). The evolution of the assets under management of Sberbank (Switzerland) AG is shown at Chart 2 below.
|Gross Profit (2015)|
|2.90 mln CHF|
|Annual Profit (2015)|
|900 000.00 CHF|
In 2015 gross profit of Sberbank (Switzerland) AG was 2.90 mln CHF. Decline compared to the previous period (2014) was -140.28%. The evolution of the gross profit of Sberbank (Switzerland) AG is shown at Chart 3 below.
Recent changes in gross profit of Sberbank (Switzerland) AG and its main components are shown in Table 1.
|Net Interest Income||0.6||17.9||+2 883.33%|
|Net Commission Income||4.5||7.2||+60.00%|
|Net Income from Trading Operations||1.2||4.0||+233.33%|
|Net Income from Banking Operations||16.4||29.2||+78.05%|
|Table 1. Recent changes in gross profit of Sberbank (Switzerland) AG (mln CHF).|
In 2015 annual profit of Sberbank (Switzerland) AG was 900 000.00 CHF. Decline compared to the previous period (2014) was -104.71%. The evolution of the annual profit of Sberbank (Switzerland) AG is shown at Chart 4 below.
|BBB- (good credit quality)||- (not rated)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Sberbank (Switzerland) AG is rated by Fitch.
Credit ratings assigned to Sberbank (Switzerland) AG as of April 2016 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Sberbank (Switzerland) AG it is set to BBB- (good credit quality), outlook is negative (may be lowered). The rating is not on watch. Short-term issuer default rating for Sberbank (Switzerland) AG is set to F3 (fair short-term credit quality).
|Long-Term Issuer Default Rating||BBB-|
|Short-Term Issuer Default Rating||F3|
|Support Rating Floor||-|
Viability rating for Sberbank (Switzerland) AG is not set support rating is 2 (high probability of external support); support rating floor is not set.
|Yes (up to 100 000 CHF per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.
In the case of Sberbank (Switzerland) AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||private individuals, commercial enterprises and public-sector offices|
|Covered Accounts||credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)|
|Maximum Protected Amount||100 000 CHF|
|Paid In Currency||CHF|
Any bank can be identified for different purposes and hence can have several different identifiers.
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of Sberbank (Switzerland) AG and its components are shown in the table below.
|Bank BIC Code||SLBZ|
|Country Code||CH (Switzerland)|
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.